Tech Company Financing Transactions
Shoulder Innovations Funding Round
On 5/12/2017, Shoulder Innovations announced $1.5 million in Series A funding from Angel CoFund, Genesis Capital Advisors and Invest Michigan.
Transaction Overview
Company Name
Announced On
5/12/2017
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Series A
Investors
Proceeds Purpose
The investment will be used to purchase inventory, and grow the sales and marketing team to meet demand for its Total Shoulder Replacement System.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
13827 Port Sheldon St.
Holland, MI 48104
USA
Holland, MI 48104
USA
Phone
Website
Email Address
Overview
Shoulder Innovations is a medical device company that has developed inset glenoid fixation technology, creating the most robust and stable glenoid platform in the industry. The company's Total Shoulder Replacement System addresses the most significant issue in shoulder arthroplasty: unreliable fixation of the glenoid implant.
Management Team
Title
Name
Email & Social
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